CS Medica A/S announced that it has entered into agreement for a private placement of common shares at an issue price of DRK 28.18 per share for proceeds of DRK 60,000,000 on March 26, 2023. The transaction will include participation from new investor Inner Mongolia Rong Shi Hi-Tech Co., Ltd. The company will receive funding in two tranches, with DRK 30,000,000 each.